ICICI DIRECT Fraud or technical snag?

#1
Hi All,

I am kinda very surprised, I applied for 1105 Shares of Power Grid FPO and the amount was blocked since last few days. Now I checked today and I do not see any allotment, though the amount has been unfreezed.

But now do not have any application number (not present in IPO Order book as well). Is there any other way by which I can prove that I applied for the FPO?

Is this a case where my IPO application was never sent to the exchange by ICICI?

ICICI is saying I never applied.
:confused:
 

Logik

Active Member
#2
First of all write to their CC. See what they have to say.
Understand here, if u have applied using ASBA, then u must ask bank & not the ICICIDirect. coz ASBA is exclusive feature of bank.

Here is mine case:
Applied for 520 PGrid FPO using SBI net banking. I've demat through indiabulls. lien amnt was 46800. i received the SMS frm bank on 22Nov night saying 46800 was unblocked. I was like WTF......no shares for FPO. then after like 12 hrs, on 23rd morning i got another SMS frm bank telling 11970 Rs were deducted from bank accnt for purpose of FPO payment.
I am still to see shares in my Demat, but i reckon i got them.

Since when u can't view ur application no?
have u taken any screen-shot of the page after application?
 

mahesh2007

Active Member
#4
Hi All,

I am kinda very surprised, I applied for 1105 Shares of Power Grid FPO and the amount was blocked since last few days. Now I checked today and I do not see any allotment, though the amount has been unfreezed.

But now do not have any application number (not present in IPO Order book as well). Is there any other way by which I can prove that I applied for the FPO?

Is this a case where my IPO application was never sent to the exchange by ICICI?

ICICI is saying I never applied.
:confused:
similar happened with me but the bank was HDFC net banking.
Unless one gets IPO application no. and transaction no.,it's futile to think that one has participated in the IPO.